The johnson farm has 500 acres of land allotted for cultivating corn and wheat. the cost of cultivating corn and wheat (including seeds and labor) is $42 and $30 per acre, respectively. jacob johnson has $19,800 available for cultivating these crops. if he wishes to use all the allotted land and his entire budget for cultivating these two crops, how many acres of each crop should he plant? (let x and y denote the number of acres of corn and wheat, respectively.)

If the supply of aisle seats and middle seats on an airplane is the same, but the demand for aisle seats is greater than the demand for middle seats, then the equilibrium price of aisle seats will be less than the equilibrium price of middle seats. true false

Need with my trade theory homework. i doubt what i wrote was right.consider a monopolistically competitive market for soft drinks in which n symmetric firms face the following demand function: q=s(1/n-b(p-(p with the straight line on which implies the marginal revenue functionmr=p-(q/sb)finally, suppose firms face the total cost functiontc=900,000+100qsuppose the market size, s, is 27,000,000, and the elasticity parameter b is 0.003.diagram the price and the average total cost in the market as a function of the number of firms. what are the equations for each curve, and why does each curve slope up or down? label the equilibrium number of firms and the equilibrium price in the diagram. why is this the equilibrium?

The larger the investment you make, the easier it will be to: get money from other sources. guarantee cash flow. buy insurance. streamline your products.